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Michael Robert Milken (born July 4, 1946) is an American financier. He is known for his role in the development of the market for high-yield bonds ("junk bonds"), [ 2 ] and his conviction and sentence following a guilty plea on felony charges for violating U.S. securities laws. [ 3 ]
First Executive through Fred Carr had a strong association with Mike Milken and the brokerage firm Drexel Burnham Lambert, whereby at the end of 1990 the company-owned high-yield debt, much of it issued through Drexel, with a carrying value of $9 billion. [2]
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The Predators' Ball: The Inside Story of Drexel Burnham and the Rise of the Junk Bond Raiders, by Wall Street Journal writer Connie Bruck, largely recounts the rise of Michael Milken, his firm Drexel Burnham Lambert, and the leveraged buyout boom they helped to fuel in the 1980s.
This is a list of people who died in the last 5 days with an article at the English Wikipedia. For people without an English Wikipedia page see: Wikipedia:Database reports/Recent deaths (red links). Generally updated at least daily, last time: 20:26, 17 January 2025 (UTC).
Milken may refer to: Michael Milken (born 1946), American financier and philanthropist, pleaded guilty in 1990 to U.S. securities law violation and pardoned by President Trump in 2020 Lowell Milken (born 1948), American businessman, philanthropist, brother of Michael
From 1981 to 1989, he served as executive vice president of Drexel Burnham Lambert, [1] and managed the Convertible Bond Department, under the direction of Michael Milken. [2] He was described by The New York Times as a "Classic 1980's mover and shaker... Once a star salesman for Michael R. Milken's junk-bond operations, he later received ...
Pope John Paul II was the subject of three premature obituaries.. A prematurely reported obituary is an obituary of someone who was still alive at the time of publication. . Examples include that of inventor and philanthropist Alfred Nobel, whose premature obituary condemning him as a "merchant of death" for creating military explosives may have prompted him to create the Nobel Prize; [1 ...